Legal Question in Real Estate Law in Texas

Information Brokering

What are the legal requirements for acquiring leads on home buyers, then charging real estate agents a percentage of their commissions for access to that lead, should that lead convert to a buyer? Do I also need to be a licensed real estate agent? If so, are there any viable and legally unquestionable loopholes?


Asked on 5/27/09, 9:35 pm

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

Re: Information Brokering

You need to be a real estate agent to receive a referral fee. Check with the Texas Real Estate Commission for the code of ethics.

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Answered on 5/28/09, 6:08 pm


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